This topic contains a solution. Click here to go to the answer

Author Question: By definition, economics is the study of A) how to make money in a market economy. B) the ... (Read 81 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
By definition, economics is the study of
 
  A) how to make money in a market economy.
  B) the choices people make to attain their goals, given their scarce resources.
  C) how to make money in the stock market.
  D) supply and demand.

Question 2

Explain what is meant by excess demand or s shortage.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Answer to Question 1

B

Answer to Question 2

The condition that exists when quantity demanded exceeds quantity supplied at the current price.




bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Gracias!


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library